PERS Update - For Informational Purposes Only
- This information is being provided to assist employees in researching, reviewing, and evaluating how proposed PERS reform and/or changes may impact their retirement benefits.
- Employees are responsible for researching, verifying, and evaluating how these changes and reform measures may impact them and their retirement benefits.
- SOU is NOT providing a legal interpretation of the PERS reform and/or changes and cannot evaluate how these changes may impact an individual employee’s retirement benefits.
Recent reports about proposed reform to the Public Employees Retirement System (PERS) has generated considerable discussion and many questions. Human Resources Services provides the following information to assist SOU employees with educating themselves and understanding action that can be taken now.
You are encouraged to research and monitor PERS legislation to determine how these changes may impact you. Regardless of legislative action, a licensed financial advisor can assist and advise you with your specific retirement goals and needs. Free sessions with a Financial Advisor are available through the Employee Assistance Program (EAP).